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SEC increases disclosures about derivatives
Author(s) -
Munter Paul
Publication year - 1998
Publication title -
journal of corporate accounting and finance
Language(s) - English
Resource type - Journals
eISSN - 1097-0053
pISSN - 1044-8136
DOI - 10.1002/jcaf.3970090203
Subject(s) - accounting , business , actuarial science
At best, a new FASB standard for accounting for derivatives won't be implemented for many months, so the SEC has decided companies must increase their disclosures about derivatives now. The author reviews how the extensive SEC release on the topic adds to the requirements of the old FAS 119 Standard.